Relevant and even prescient commentary on news, politics and the economy.

Maggie Mahar Healthbeat Blog: Reverse “ Sticker Shock”— Why are Insurance Rates in the State Marketplaces Lower Than Expected? — Part I

Even Forbes’ columnist Avik Roy is recanting. Earlier this month he acknowledged that under Obamacare, many Americans who buy their own coverage in 2014 will find that insurance is significantly more affordable than it was in the past: “Three states will see meaningful declines in rates: Colorado (34 percent), Ohio (30 percent), and New York […]

Do investors really not get it regarding US paying it’s debt?

A question has been nagging me. First, does the rest of the world not get that the republicans are playing a game with the US’ bank account? Does anyone really believe that the US won’t pay as in the renter just skipped out the back door? Or maybe I should say; as in the capital […]

McCutchen vs. Federal Trade Commission

In response to my e-mail on an Oct. 8th  decision on McCutchen vs Federal Election Commission by the Supreme Court that could expand the role of money in elections, Beverly Mann writes:   … the argument in McCutchen is that it makes no sense to have this artificial divide between “issue” advocacy and candidate advocacy—that is, to […]

Will You Be Eligible for A Government Subsidy When You Buy Health Insurance in 2014? Check out Your “Modified Adjusted Gross Income” (MAGI) –You May Be Pleasantly Surprised

Maggie Mahar comments on the Modified Adjusted Gross Income and how this may positively impact your eligibility for healthcare insurance on the state exchanges. Before writing this post, I had no idea how to calculate my “Modified Adjusted Gross Income” (MAGI). But I did know that this is the number the IRS will use when […]

“The Rest of The Story”

Somewhere along the way, the naysayers and the Repubs will find a way to turn this into a negative “Trader Joe’s Cut Health Benefits Last Week”  Last week Ezra Klein wrote about Trader Joe’s decision to cut health insurance benefits for employees who work fewer than 30 hours a week. After that, one reader forwarded […]

Massive outreach and all atwitter

Matt Stoller @matthewstoller I like that ‘Larry Summers once vaguely tried to talk to Elizabeth Warren but didn’t’ has become ‘massive outreach’…  http://www.washingtonpost.com/business/economy/in-race-for-fed-chair-larry-summers-reaches-out-to-elizabeth-warren/2013/09/13/40a776ea-1cb0-11e3-82ef-a059e54c49d0_story.html In race for Fed chair, Larry Summers reaches out to Elizabeth Warren Economist sought meeting with Sen. Elizabeth Warren; opposition from Democrats intensifies.

“able-bodied adults to work for food stamps”

“Gov. John Kasich’s administration will limit food stamps for more than 130,000 adults in all but a few economically depressed areas starting Jan. 1. To qualify for benefits, able-bodied adults without children will be required to spend at least 20 hours a week working, training for a job, volunteering or performing a similar type of […]

Okay, What Is It About This That I’m Not Understanding?

Union leaders note that under the law, workers whose family income is less than four times the poverty line will qualify for subsidies in the form of tax credits to obtain health insurance in the exchanges, with insurance sold by for-profit, nonprofit and cooperative companies. The union leaders say they want similar treatment — for […]